Sooly on Nostr: đ¸WHY BITCOINâS MEMPOOL IS CLEAR ? BRUTAL TRUTH đđ˝ No more congestion⌠...
đ¸WHY BITCOINâS MEMPOOL IS CLEAR ? BRUTAL TRUTH đđ˝
No more congestion⌠for now.
Bitcoinâs #mempool is clearing out, and itâs not just a random fluke. Several key factors are shaping this moment, but which one had the biggest impact? Letâs break it down #nostr:
â
Lightning Network Is Holding the Line
While public capacity dipped 7% (now under 5,000 BTC) and channel count declined, routing activity remains strongâ#LQWD alone processed 1.15M transactions with 978 BTC routed. Despite mixed signals, Lightning is still easing on-chain pressure.
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SegWit, #Bech32 & Batching = Smarter Transactions
⢠#SegWit keeps ~30-40% adoption, cutting fees by 25-40%. Exchanges like Binance still lag in full adoption despite handling 15% of Bitcoinâs traffic.
⢠Bech32 addresses now dominate (~65% of new Bitcoin wallets), slashing transaction sizes by 18-25%. Even old-school wallets from 2012-2013 moved $42M into Bech32 last month.
⢠Batching is crushing feesâ@strike cut costs by 50-70%, and #Coinbase batches 90%+ of withdrawals.
â
Miners Got Ruthless
December 2024 was brutal, with block confirmation peaking at 162.97 minutes on Dec 21. But by late this month January 2025? Itâs down to 32.97 minutes. Miners adjusted. Blocks are moving.
â
Retail Speculators Are Quiet
Fewer impulsive transactions = less congestion. Many are likely keeping #Bitcoin on exchanges instead of moving it around.
I love this network.
Bitcoin doesnât break. it adapts.
The #mempool #congestion cleared up DRAMATICALLY, proving once again that Bitcoin self-regulates through pure market dynamics.
I believed it would clear, but even I didnât expect it to happen THIS fast.
Have you been watching this unfold? I know w_s_bitcoin (nprofileâŚg2ys) , sani (nprofileâŚ7mlp) and I had our bet before getting suspended from "free-speech" X.
đ¸ Enclosed screenshots:
đĽ 265,136 unconfirmed txs just a month ago.
đĽ Now? Just 13,484.
PS: We spent over 6 months stuck between 380,000+ and 280,000.
Whatâs next? Another mempool spike or is this the new #bitcoin normal?
#nostr #bitcoineducation
Published at
2025-02-01 21:04:03Event JSON
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"content": "đ¸WHY BITCOINâS MEMPOOL IS CLEAR ? BRUTAL TRUTH đđ˝\n\nNo more congestion⌠for now.\n\nBitcoinâs #mempool is clearing out, and itâs not just a random fluke. Several key factors are shaping this moment, but which one had the biggest impact? Letâs break it down #nostr:\n\nâ
Lightning Network Is Holding the Line\nWhile public capacity dipped 7% (now under 5,000 BTC) and channel count declined, routing activity remains strongâ#LQWD alone processed 1.15M transactions with 978 BTC routed. Despite mixed signals, Lightning is still easing on-chain pressure.\n\nâ
SegWit, #Bech32 \u0026 Batching = Smarter Transactions\n⢠#SegWit keeps ~30-40% adoption, cutting fees by 25-40%. Exchanges like Binance still lag in full adoption despite handling 15% of Bitcoinâs traffic.\n⢠Bech32 addresses now dominate (~65% of new Bitcoin wallets), slashing transaction sizes by 18-25%. Even old-school wallets from 2012-2013 moved $42M into Bech32 last month.\n⢠Batching is crushing feesâ@strike cut costs by 50-70%, and #Coinbase batches 90%+ of withdrawals.\n\nâ
Miners Got Ruthless\nDecember 2024 was brutal, with block confirmation peaking at 162.97 minutes on Dec 21. But by late this month January 2025? Itâs down to 32.97 minutes. Miners adjusted. Blocks are moving.\n\nâ
Retail Speculators Are Quiet\nFewer impulsive transactions = less congestion. Many are likely keeping #Bitcoin on exchanges instead of moving it around.\n\nI love this network.\n\n\n\nnostr:note1k3rvxup2aulyjz54kthtlxa7nxsd8qqtx0dld9hmuug9sf3lav6shafz96\nhttps://m.primal.net/OLrI.jpg\nhttps://m.primal.net/OLrJ.png",
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